Option Care Health Inc (OPCH)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 267,090 | 150,556 | 139,898 | -8,076 | -75,920 |
| Total stockholders’ equity | US$ in thousands | 1,421,670 | 1,386,100 | 1,175,890 | 1,015,720 | 906,827 |
| ROE | 18.79% | 10.86% | 11.90% | -0.80% | -8.37% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $267,090K ÷ $1,421,670K
= 18.79%
Option Care Health Inc.'s return on equity (ROE) has been exhibiting volatility over the past five years, ranging from -8.37% in 2019 to a significant improvement to 18.79% in 2023. The positive trend in ROE from 2020 onwards indicates a potential enhancement in the company's profitability and efficiency in generating returns for its shareholders' equity. The notable increase in ROE from 2022 to 2023 suggests that the company has effectively utilized its equity to generate profits. However, it is essential to further investigate the underlying factors driving these fluctuations in ROE to assess the sustainability and long-term growth prospects of Option Care Health Inc.
Peer comparison
Dec 31, 2023